3 Subtle Ways to Make Your Alliance Management Even Better

Establishing and building a strategic alliance with another company is one thing. Managing that alliance for the long-term is a completely different animal. If you are planning to build an alliance with another business, you also need an alliance management plan set in place. Use that plan to monitor and grade the success of the alliance. Continue reading

Why Alliances for IoT Marketplace Success?

Creating alliances between companies involved in the IoT, (Internet of Things), can be tricky at times, but a requirement for entry into this marketplace.

The cold hard truth is that the IoT will not be able to survive if companies don’t create alliances between each other. There is not a single company that can provide all pieces of an IoT solution. It is very important that those involved in the IoT create partnerships.

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3 Commonly Overlooked Elements That Every Successful Strategic Alliance Needs

When it comes to building a strategic alliance, some obvious components are required. Such components include trust, communication, and compromise. However, what about things that business partners forget to consider?

In this post, we will look at three commonly overlooked elements that every strategic alliance needs. Continue reading

Alliance Management – Keys To Building Successful Business Partnerships

How do you know who will be perfect business partner? There are many keys to determining whether your next partner is going to help you build an even more successful business, or tear down what you’ve already worked so hard to create!

Determining this for yourself can be difficult, but all good things require time and effort. This is where Alliance Management can help you. Continue reading

3 Traits You Need to Successfully Build Business Alliances

When discussing the benefits of a business alliance, we often cover the important elements of creating that relationship with another business. However, we don’t talk enough about the importance of working on your own professional and personal traits for optimum success when building an alliance.

In this post, we will uncover three traits you need to successfully build business alliances. Continue reading

3 Strategic Alliance Tips to Bring With You Into 2017

A new year means the opportunity for new ideas and new strategies for growth. If you and your business partner are looking for ways to enhance your strategic alliance, look no further! In this post, we will uncover three strategic alliance tips to take into 2017 with you.  Continue reading

Choosing the Best Business Alliances

Today’s market is extremely competitive, increasing the need and the importance of forming the ideal business alliance. Alliances are formed for many reasons, including the need for increased cash, to come up with viable solutions for seemingly insurmountable problems, to stay abreast of new technological advances and the need to gain market shares, among others. Continue reading

Managing Channels of Distribution with Strategic Partnerships

Starting or expanding a business takes more than just a good business plan and product. It also requires avenues for getting your products to the right customers at the right time. Finding channels of distribution that allow you to accomplish your business goals involves building deep strategic alliances with the right partners.

Strategic alliances create a quicker path to growth. Continue reading

Business Alliances: How Coffee And Payment Services Combined For Greater Outcomes

Alliances with your coffee shopWalk into any Starbucks store in the country and become instantly greeted by the welcoming smells of freshly brewed coffee. You may also notice the happy customers going over business plans, reviewing homework, or simply surfing the Internet at their leisure. In general, the customer base of Starbucks is a happy group willing to fork over five dollars or more for their favorite coffee. However, there is always room for improvement.  Continue reading

The Enemy Of My Enemy Is My Friend: Why Defiance of Business Alliances Doesn’t Fly

My Enemy = My Friend-Leveraging and employing business alliances are more commonplace than ever before. The antiquated idiom of, “The enemy of my enemy, is also my friend,” doesn’t seem to carry any weight, especially considering today’s digital world.

More importantly, if we were to join the Twitter-verse, post, pin, snap and chat with social networking online, business may be left behind. Continue reading

The IoT Marketplace: Opportunities and Concerns

The Internet of Things, or IoT, is a term that describes the ever-growing world of connectivity between the internet and everyday objects. IoT generally refers to any object embedded with software, electronics, or sensors that have network connectivity. This marketplace is exploding. With this explosion arise opportunities and concerns.

Exploding IoT MarketplaceFor businesses, IoT offers a new horizon of technological support that facilitates opportunities to grow and creates challenges to overcome. Continue reading

3 Things Most Successful Businesses do to Build Strategic Alliances

How extensive is your vetting procesprocessTo reap the rewards of a strong strategic alliance, a business must first study and consider following the steps other successful businesses. Doing your research is mandatory to laying a solid foundation for thriving strategic alliances for the future. Planning and research before you start pays dividends long after the partnership has started.

Before making plans to build your strategic alliance, Continue reading

Alliance Management Strategies

Companies around the country are looking for new ways to build partnerships, improve their brand, grow their community and increase revenue.  For all these goals, alliance management is crucial to get the job done.  Consultants help to accomplish this task but the value of your product or service is also extremely important. Continue reading

Good Communication is Vital to Alliance Management

In alliance management, according to a Harvard Business Review article, companies tend to forget that they are working together because of their differences. Rather they must embrace those differences and find a way to leverage and create value from them.  The article cites the partnership between Hewlett-Packard and Microsoft as a positive example of how this works.  At first, the two companies differed in their approaches to sales which caused friction and misunderstanding.  Continue reading

5 Key Alliance Management Tips

Consider this phrase: Alliance Management. On the surface, it sounds like a good idea, right? You want to carefully maintain your alliances. On the other hand, how exactly does one go about this? By the very nature of the word, you do not control – or entirely manage – those with whom you are allied. They work for another companyAlliance Management 700x400 with different management, different goals and different products.

How can you make this work, then? Continue reading

Is there an alliance for IoT marketplace?

If you know about the Internet of Things, than you know the next big thing. And it is already happening! The evolution of computing moved forward by combining computing and connectivity to change our world.

The basic concept is that makers of “things” will make them so that they can wirelessly connect to other “things” to create better solutions for people. Want an example? Continue reading

Alliance Organizations for the Internet of Things (IoT)

According to VentureBeat.com, a group of the largest heavy hitters in the IT world are forming what has been called the AllSeen Alliance with over 180 worldwide member companies. This alliance will take on the task of creating and maintaining unified standards for device-to-device communication. The Allseen Alliance announced its existence in 2013. It joins a number of forming alliances that are tasking themselves with the development of communication protocol standards to make the IoT operate smoothly. Continue reading

Alliances for IoT Marketplace: Evolving Alliances

What is the Internet of Things (IoT)? Is it viable? Should my company be part of it and if so, how do we go about it? All good questions.

The IoT, loosely defined, is the ability of objects to share data with other objects wirelessly to enable that data to be used to control or manipulate devices intelligently. IoT is the next generation of connected devices. We have moved from having computers in dedicated rooms, to mobile devices to connected devices. Devices consist, as a minimum, of a controller chip and software. Chips are getting smaller. Alliances are a must! Continue reading

How to Choose the Right Business Alliances

Though there are many exciting, new businesses to partner with, it’s easy and more profitable to choose the right one. Here’s how.

2014 was a great year for startups geared toward enhancing consumer convenience through mobile devices. In fact, consumer tech was the obvious business focus that startup founders seemed to take the most interest in. Continue reading

Managing Channels of Distribution with Strategic Partnerships

Starting or expanding a business takes more than just a good business plan and product. It also requires avenues for getting your products to the right customers at the right time. Finding channels of distribution that allow you to accomplish your business goals involves building deep strategic alliances with the right partners.

Strategic alliances create a quicker path to growth. Continue reading